Just a little tip for these crazy times, I buy silver bullion from these guys: http://www.apmex.com/ as a hedge against inflation. Gold would work too but silver appears to be way undervalued at a gold/silver ratio of 1:78 when historically it should be 1:15.
I'm no expert or big time investor, just someone who believes that things may get worse before they become better.
Just wanted to pass this tip along. I don't recommend a Paper ETF. Physical bullion is tangible with intrinsic value no matter where you go in the world.
Silver rounds or American Silver Eagles(ASE)....your choice as long as its .999 fine. Another note, ASE's qualify for ROTH IRAs. Start small....about $16 for one bullion.
Cheers!
I'm no expert or big time investor, just someone who believes that things may get worse before they become better.
Just wanted to pass this tip along. I don't recommend a Paper ETF. Physical bullion is tangible with intrinsic value no matter where you go in the world.
Silver rounds or American Silver Eagles(ASE)....your choice as long as its .999 fine. Another note, ASE's qualify for ROTH IRAs. Start small....about $16 for one bullion.
Cheers!
Last edited by Brakkish on Tue Nov 18, 2008 12:57 pm; edited 1 time in total (Reason for editing : For testing purposes unrelated to this thread.)